FEATURE-Belgium's state-run pawn shop invests for the future + MORE

[Buzz_Burner_Fresh_Updates] FEATURE-Belgium's state-run pawn shop invests for the future – reuters.com BRUSSELS, Oct 1 (Reuters) – Whether it’s a diamond ring, a designer watch or a first edition of a Tintin cartoon, every one of the rising number of lots to go under the hammer in the auction room of Belgium’s oldest financial institution tells […]

TABLE-India govt's surplus cash with RBI for auction was 427.32 bln rupees on Sept 29 + MORE

[Buzz_Burner_Fresh_Updates] TABLE-India govt's surplus cash with RBI for auction was 427.32 bln rupees on Sept 29 – reuters.com Sept 30 (Reuters) – GOVT SURPLUS CASH BALANCE AS ON DATE FOR AUCTION (bln rupees) 427.32 29/09 451.82 28/09 451.82 24/09 470.87 23/09 470.87 22/09 420.12 21/09 420.12 18/09 60.97 16/09 9.14 15/09 27.54 14/09 — 11/09 […]

UPDATE 1-Hurt by Uber, NYC's Montauk Credit Union is seized by regulator

[Buzz_Burner_Fresh_Updates] UPDATE 1-Hurt by Uber, NYC's Montauk Credit Union is seized by regulator – reuters.com NEW YORK, Sept 18 (Reuters) – Montauk Credit Union, a large provider of loans to taxi medallion owners, was seized on Friday by New York State’s top financial regulator. Continue Reading On reuters.com ยป  

IMF welcomes Myanmar currency reforms, says more needed

[Buzz_Burner_Fresh_Updates] IMF welcomes Myanmar currency reforms, says more needed – reuters.com WASHINGTON, Sept 18 (Reuters) – The International Monetary Fund welcomed Myanmar’s “bold move” to liberalize its foreign exchange rules in a report published on Friday and warned that the poor Asian country would need to tighten monetary policy and reduce credit expansion. Continue Reading […]

U.S. SEC removes credit-rating references from money fund rules + MORE

[Buzz_Burner_Fresh_Updates] U.S. SEC removes credit-rating references from money fund rules – reuters.com WASHINGTON, Sept 16 (Reuters) – U.S. securities regulators adopted rules on Wednesday that strip out references to credit ratings from their rule book governing money market funds, as part of an ongoing effort to reduce the industry’s reliance on credit-rating agencies since the […]

MOVES-HSBC, BMO, Credit Suisse, Oppenheimer, Gain Capital + MORE

[Buzz_Burner_Fresh_Updates] Peru rate hike may embolden Chile, Colombia to follow suit – reuters.com BUENOS AIRES, Sept 11 (Reuters) – The surprise decision by Peru’s central bank this week to hike its benchmark interest rate for the first time since 2011 may embolden regional peers also torn between weak growth and currency-driven inflation to follow suit. […]